Mountain Province Diamonds Announces Election of Directors
Shares Issued and Outstanding: 94,168,151
NYSE MKT: MDM
TORONTO AND NEW YORK, June 12, 2013 /PRNewswire/ – Mountain Province Diamonds
Inc. (“Mountain Province”, the “Company”) (TSX: MPV, NYSE MKT: MDM) is
pleased to announce that the nominees listed in the management proxy
circular for the 2013 Annual and Special Meeting of Shareholders (“Annual Meeting“) were elected as directors of the Company. Detailed results of the
vote for the election of directors held at the Annual Meeting yesterday
in Vancouver are set out below.
___________________________________________________________________ | Nominee | Votes | % For | Votes | % Withheld | | | For | | Withheld | | |____________________|____________|_________|__________|____________| |Jonathan Comerford | 48,698,291 | 99.29 | 350,385 | 0.71 | |____________________|____________|_________|__________|____________| |Patrick Evans | 48,694,103 | 99.28 | 354,568 | 0.72 | |____________________|____________|_________|__________|____________| |Bruce Dresner | 48,528,068 | 98.94 | 520,608 | 1.06 | |____________________|____________|_________|__________|____________| |Elizabeth Kirkwood | 47,092,402 | 96.01 |1,956,274 | 3.99 | |____________________|____________|_________|__________|____________| |Peeyush Varshney | 48,236,341 | 98.34 | 812,335 | 1.66 | |____________________|____________|_________|__________|____________| |Carl Verley | 48,536,435 | 98.96 | 512,241 | 1.04 | |____________________|____________|_________|__________|____________| |David Whittle | 48,536,991 | 98.96 | 511,685 | 1.04 | |____________________|____________|_________|__________|____________|
Following the Annual Meeting, Ms. Kirkwood informed the Board of her
decision to resign from the Board for personal reasons. Mr. Jonathan
Comerford, said: “Ms. Kirkwood has been a director of Mountain Province
for more than 10 years and has contributed significantly to the success
of the Company. We thank her for her many contributions and wish her
success in all her endeavours.” The resulting vacancy on the Board will
be filled by the Corporation in accordance with its By-Laws and the
provisions of the Ontario Business Corporations Act.
Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho KuÃ© JV located
at Kennady Lake in Canada’s Northwest Territories. The Gahcho KuÃ©
Project consists of a cluster of four diamondiferous kimberlites, three
of which have a probable mineral reserve of 31.3 million tonnes grading
1.57 carats per tonne for total diamond content of 49 million carats. www.mountainprovince.com
Gahcho KuÃ© is the world’s largest and richest new diamond development
project. A December 2010 feasibility study filed by Mountain Province
(available on SEDAR) indicates that the Gahcho KuÃ© project has an IRR
This news release has been prepared under the supervision of Carl G.
Verley, P.Geo who serves as the qualified person under National
This news release may contain forward-looking statements, within the
meaning of the “safe-harbor” provision of the Private Securities
Litigation Reform Act of 1995, regarding the Company’s business or
financial condition. Actual results could differ materially from those
described in this news release as a result of numerous factors, some of
which are outside the control of the Company.
SOURCE Mountain Province Diamonds Inc.